The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-01-19
AFFAIRS OF THE RAILWAYS.
Personal and Local.

faymasIer sullivan, or the III L., St. L. N u,
is on his monthly rounds, paying for December
service.
For thirty days past fully 20 per cent. Of ex-
port business forwarded from this section has
gone via Baltimore, and still the movement over
that route is heavy.
An official circular has been issued announcing
that A. l. Mohler, land commissioner of the
Manitoba road. has been appointed general
freight agent of the system.
r. A. Frazer, foreman of the shops of the
Iowa and Dakota division Of the c., M. & St F.,
has resigned to accept the position of master
mechanic OF the Minnesota g. Northwestern road.
Passenger earnings with majority of the
roads will fall fully 10 per cent below those or
the corresponding period, 1886. Seldom is travel
as light as it has been the first half OF January.
Even the ticket-scalpers are complaining OF
dull times One of the leading scalpers says ne
now hardly dares to buy ticket for St Louis
with two days limit, lest he cannot dispose OF
it before the lr1t expires.
The problem now most troubling railroad off
Gals is AS to what free transportation shall De is
sued this year. Had the general managers held
their meeting to-day in Chicago some dehnite
plan would have been agreed upon, doubtless
The c., l., st. L. e. C. earned in the second
week of January $53, 1OIO4 Increase over
earnings corresponding week. 1886, So .o4
The increase in earnings the first half of Janu-
airy, as compared with last year, was $l3, lO9 ~.
Within the last two weeks the Louisville, Ev-
ansville & ST. Louis Airline has received SIX
powerful new mogul-build engines. This com
pany has perfected arrangements with the Mon
arch Sleeping gear Company to run their elegant
sleeping-cars between Louisville and st. Louis.
The building of the Chicago & Indiana Coal road
has instilled life into Attica Ind The city can
now get block coal very cheap. and the prospects
are favorable to the establishing several new
manufactures at that point. Among other en-
terprises, the building of works Is being agl
tated.
The new management of the Philadelphia &
Reading has determined evidently to escape
from the financial difficulties the company labors
under, produced by its hundred million OF wat
cred stock capitalization by the retrenchment
of making its conductors pay for their own brass
buttons.
Fl. c. Townsend, general passenger and ticket
agent of the Missouri Pacific railroad, announces
the completion of the Leroy & Coney Valley Air
line division to Fredonia Kan, and Elk City,
Kan, and the K & G. division to Bastrop. Tex.
One coupon. reading via Missouri Pacific rail
road, is required from St Louis, Hannibal
Kansas City, or Omaha.
This week the reorganization of the Illinois
Midland Railroad Company is being perfected.
The reorganizing parties have agreed to reor-
ganize under the name of the Terre Haute q
Peoria Railway Company. When reorganized
the bonded debt of the road will be 81. 800 00O or
$l2 800 per mile. The property is at once to be
put in good condition physically.
The first fifteen days of this month the l., c.,
St L. s. c. carried just Is per cent of the east
bound business in the indianapolis pool The
| manaeements of the other roads are trembling
in their boots lest President Ingalls,, of the Big
Four, will come in and demand an increase in
the roads per cent, 80 handsome business has
1t been doing for several months past.
cepresident Zimmerman, of the O., n. e D.
Company, is quoted as saying there IS no
grounds for the rumor that G. p Huntington is
buying the stock of the Cincinnati. Hamilton d
| the property. No large blocks of the stock have
| recently changed hands, and the parties holding
| it are by no means anxious to unload
The L., N. A. & G. people experiencing
| tough times with the snow Not since Sunday
morning have they been able to get train
| through between Chicago and Monon. and last
! night they had four dead engines in the snow
drifts within one mile in the cuts south of their
| crossing of the Chicago e. Atlantic road. On the
| Airline division trains running regularly be-
| tween Indianapolis and Michigan City.
P P. Murray, travelling passenger agent of the
| Michigan Central road. is in the city. Mr.. Muir
rays father, f. E. Murray, was connected with
the Beelne in some official capacity for over
| thirty years, and was one of the most able men
| in railroad matters in his time Both he and
John Brough, who was president of the Bee-line
much of the time that Mr.. Murray was on the
road, died within few days of each other.
Oscar Vanderbilt, who for two years was dis
trict Messenger agent Of the Northern Pacific,
headquarters Indianapolis has been appointed
general passenger and freight agent of the Pres
colt & Arizona road, new road, seventy-two
miles IN length, which was opened for business
on the LIST Of January. It is said that he has
sowed his wild oats and now proposes to make
his mark as q passenger man. he certainly has
one of the requisites to fill such position, name
ly, "cneek."
President Corbin, of the PhiIadelph ia & Read
ing, has issued statement complete In detail,
showing the financial condition of the company
This road has 1856 miles of track: it's total CAPT.
talization is 1896, 9O7 600 and it must secure a
net annual income of SIT 900 900 in order to meet
its fixed charges alone. The debt of this COM
pany represents, on paper, about $123,000 per
mile Assuming that the road cost $4,000 per
mile. which is very large estimate. we have
$4,000 per mile of Indebtedness which is charge
able only to fraudulent and unwarrantable wa
terng of bonds and stock.
The promptness with which employees of Indi-
annapolis roads were paid in the year just closed
is highly appreciated by them. With
the exception of the Wabash, it is now some
years since the several roads centerng here
have failed to pay their employees between the
10th and 25th of each month for service rendered
IN the month preceding which is as promptly as
it can be done under the present system of max
| ing out pay-rolls. The Wabash, as we'll, has
done better of late seldom running further into
the second month after service was rendered
than the sixth or seventh day.
Superintendent Pattson, of the rolingstock
of the c., l., st. L. & c., is in the city. He
states that the company will be obliged to rrr-
chase ten more freight engines il their business
is to continue as heavy it has been the last
twelve months. The Barney & Smith car-works
are now building four new passenger coaches for
the Big Four, and two mail cars sixty feet in
length. The coaches are to be up TO the best
standard. and in the mail cars number of new
features will be introduced which will make
them much more convenient for handling mail
matter expeditiously than the ordinary mail car.
The building of the extension of the Atchison
Topeka & Santa Fe to Chicago unauestlonably
means connection with the l., d. & S.. and
certainly afavorable traffic management between
the two companies. No matter which of the
lines surveyed the Santa Fe people take for Chi
cago. the building of short piece of road would